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        Profile photo of Sonal Phulambrikar
        Biodegradable food service products
        Sonal Phulambrikar a year ago

        ๐‘๐ข๐ฌ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐๐š๐ค๐ž๐ซ๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Ž๐ฐ๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐จ๐Ÿ #Baking ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ๐ฌ

        https://www.linkedin.com/pulse/growing-demand-bakery-products-confectionery-expansion-swati-sharma-qb6tf/

        ➡๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐Ÿ๐จ๐ซ ๐๐ƒ๐…>> https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=172589056

        The global market for baking ingredients is experiencing significant growth driven by the increasing consumption of bakery products and confectionery.

        #Bakery products have long served as staple food items, and their demand is rising due to the convenience they offer and consumer preference for appealing, flavorful, and textured treats.

        These products are valued for their accessibility, affordability, and nutritional benefits, making them integral to many consumers’ lives. Consequently, there is a heightened demand for a variety of baking ingredients that enhance the taste and texture of these baked goods.

        Among the baking ingredients, #baking powder and mixes constitute the largest segment. Baking powder, a dry chemical leavening agent, plays a crucial role in producing light and airy textures in baked goods.

        The Asia Pacific (APAC) region is expected to witness the fastest growth in the baking ingredients market. While North American and European markets are mature, APAC presents substantial growth opportunities due to evolving consumer tastes and increasing disposable incomes.

        ๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐›๐š๐ค๐ข๐ง๐  ๐ข๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ:

        Cargill (U.S.),

        Archer Daniels Midland Company (U.S.),

        Associated British Foods plc (U.K.),

        Koninklijke DSM N.V. (The Netherlands),

        Kerry Group plc (Ireland),

        AAK AB (Sweden)

        linkedin.com

        Growing Demand for Bakery Products & Confectionery Propelling the Expansion of the Baking Ingredients Market

        The Baking Ingredients Market is projected to grow from USD 16.6 billion in 2021 to USD 22.

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